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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Warehouses
112 Mineral St 120 Milwaukee, WI 53204-1840
Entity Owned
8-yr Hold
Free & Clear
Property ID
US92-0766866
Property summary
AI-generated overview
112 E. Mineral Street offers exceptional executive office space in the heart of Milwaukee, Wisconsin. This meticulously maintained building, originally constructed in 1900 and extensively renovated in 2007, boasts a total of 42,963 square feet. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant to occupy this prestigious location. Flexible lease terms are available to accommodate various business needs. The minimum leasable space is 8,789 square feet, while the maximum contiguous space available is 20,447 square feet. This allows for scalability to suit businesses of different sizes. The property sits on a 0.51-acre lot, providing ample space and visibility. The property's location in Milwaukee, Wisconsin, offers easy access to major transportation routes and a vibrant urban environment. The property's APN is 431-0969-000 and is located in Milwaukee County, Wisconsin, with a zip code of 53204. This move-in ready space presents an excellent opportunity for businesses seeking a prestigious and functional office environment. The building's blend of historic charm and modern amenities creates a unique and desirable workspace. Inquire today to learn more about this exceptional leasing opportunity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1900
Total area
46,860 SF
Lot
0.51 ac (22,000 SF)
Zoning code
IM
APN
431-0969-000
UPID
US92-0766866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$1.99M
Owner & transaction history
East Mineral Street LLC · 8 yrs held
East Mineral Street LLC
since 2018
3 recorded transactions
Zoning & alternative use
IM · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,530,000
Current use
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$42 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$38,158
Tax year 2022
Assessed value
$1,602,600
Assessed 2022
Previous assessed
$1,602,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$176,000
Assessed improvement
$1,426,600
Land market value
$176,000
Improvement market value
$1,426,600
Total market value
$1,602,600
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Heating
YES
Cooling
YES
Stories
2
Units
6
Total area
46,860 SF
Lot
0.51 ac (22,000 SF)
Zoning code
IM
APN
431-0969-000
UPID
US92-0766866
Jurisdiction
MILWAUKEE
Zoning & alternative use
IM · Milwaukee, WI
Zoning IM · permitted uses
IM · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
2
Units
6
Lot
0.51 ac
Current owner
From public records · entity-resolved
East Mineral Street LLC
Entity
Free & Clear · 8 yrs held
Mailing address
300 N VAN BUREN ST, MILWAUKEE, WI 53202-5923
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2018
$1,437,000
East Mineral Street LLC
Acquisto Kathleen D Trust
Grant Deed
related
—
Oct 15, 2012
—
Transcenter For Youth INC
—
Deed Of Trust
related
$74,400 · Iff
Apr 10, 2002
$988,100
Mineral Point LLC
Richard Leep Co INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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